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KTBA Urges FBR to Extend June Tax Deadline

17-Jul-2025
Karachi, July 17, 2025, 08:56 PM PKT — The Karachi Tax Bar Association (KTBA) has issued a pressing demand, urging the Federal Board of Revenue (FBR) to extend the deadline for June sales tax return...
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KTBA Urges FBR to Extend June Tax Deadline

SBP Injects Rs902.52B via OMO on July 16

17-Jul-2025
Islamabad, July 17, 2025, 08:43 PM PKT — The State Bank of Pakistan (SBP) has unleashed a powerful intervention, conducting a reverse repo and Shariah-compliant Modarabah-based Open Market Operation...
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SBP Injects Rs902.52B via OMO on July 16

SECP Unveils Startup Roadmap Report on July 17

17-Jul-2025
Karachi, July 17, 2025, 08:32 PM PKT — The Securities and Exchange Commission of Pakistan (SECP) has unveiled a bold vision with its report “Empowering Innovation: Roadmap for Startups”, launche...
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SECP Unveils Startup Roadmap Report on July 17

FBR Unveils Freight Forwarders Licensing Rules 2025

16-Jul-2025
Islamabad, July 16, 2025, 04:38 PM PKT — The Federal Board of Revenue (FBR) has unveiled a groundbreaking move, launching the Freight Forwarders Licensing Rules, 2025, via SRO 1222(I)/2025, marking ...
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FBR Unveils Freight Forwarders Licensing Rules 2025

APTMA Challenges FBR’s Rs74B Power Subsidy Estimate

16-Jul-2025
Islamabad, July 16, 2025, 02:58 PM PKT — The All Pakistan Textile Mills Association (APTMA) has launched a fierce challenge against the Federal Board of Revenue (FBR)’s estimate of Rs74 billion fo...
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APTMA Challenges FBR’s Rs74B Power Subsidy Estimate

PAC Blacklists 8 NGOs for Audit Failures

16-Jul-2025
Karachi, July 16, 2025, 02:41 PM PKT — The Public Accounts Committee (PAC) of the Sindh Assembly has delivered a harsh verdict, ordering the blacklisting of eight non-governmental organizations (NGO...
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PAC Blacklists 8 NGOs for Audit Failures

Bank Adavance-to-Deposit Ratio Falls to 38.1% in June 2025

15-Jul-2025
Karachi, July 15, 2025, 04:57 PM PKT — Pakistan’s banking sector has doubled down on caution, with the gross Advance-to-Deposit Ratio (ADR) plunging to 38.1% in June 2025, down from 39.8% in May a...
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Bank Adavance-to-Deposit Ratio Falls to 38.1% in June 2025

FBR Powers Focus on Sales Tax Fraud Only

15-Jul-2025
Karachi, July 15, 2025, 05:07 PM PKT — Finance Minister Muhammad Aurangzeb on Monday delivered a forceful defense, asserting that the Federal Board of Revenue (FBR)’s expanded enforcement powers, ...
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FBR Powers Focus on Sales Tax Fraud Only

IMF Criticizes Pakistan’s Sugar Tax Waiver Move

15-Jul-2025
Islamabad, July 15, 2025, 04:44 PM PKT — The International Monetary Fund (IMF) has voiced sharp concerns over Pakistan’s decision to waive taxes on importing 500,000 metric tonnes of sugar, labeli...
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IMF Criticizes Pakistan’s Sugar Tax Waiver Move

SC Rules Against Instant Tax Recovery Demands

15-Jul-2025
Islamabad, July 15, 2025, 04:23 PM PKT — The Supreme Court has delivered a landmark ruling, declaring that Section 140 of the Tax Ordinance, 2001, does not allow immediate coercive recovery without ...
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SC Rules Against Instant Tax Recovery Demands
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